Mixed-Use Property with
For Sale
$1,495,000
2201 Summit Ave, Union City, NJ 07087
Residential apartments are combined with a neighborhood restaurant in one mixed-use asset.
Property SizeContact for details
Days on Market23
Property Features for 2201 Summit Ave
General Information
Standard status
Active
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
6
Building Details
Tenancy
Multi
Listing Agency:
YES CASA HOME REAL ESTATE
(201) 489-0503
Listed By:
YESENIA FRIAS
(201) 489-0503
Source:
Exprealty
Added: Jul 31
Changed: Aug 16
Last Checked: Aug 21 at 1:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of YES CASA HOME REAL ESTATE
Investment Insights
Based on property information with market context.
This mixed-use property combines 6 residential units with a neighborhood restaurant at 2201 Summit Ave. The configuration brings residential and commercial uses together within one property, offering a distinct combination of apartment and restaurant space.
Recent improvements include a new roof and new furnace. Public transportation is located just steps from the property, adding convenient transit access for residents, restaurant patrons, and staff.
Recent improvements include a new roof and new furnace. Public transportation is located just steps from the property, adding convenient transit access for residents, restaurant patrons, and staff.
Key Highlights
- 6 residential units paired with a neighborhood restaurant
- New roof among the recent property upgrades
- New furnace recently installed
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 07087, NJ
68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential apartments are combined with a neighborhood restaurant in one mixed-use asset.
Where is this mixed-use property located?
The property is located at 2201 Summit Ave Union City, NJ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6 residential units paired with a neighborhood restaurant; New roof among the recent property upgrades; New furnace recently installed
